The role of risk management is steadily growing, with 62 percent of institutions having an enterprise risk management program in 2012, says risk management and consulting firm Deloitte.
Deloitte's recent global risk management survey, additionally finds that 21 percent of companies are currently implementing an ERM program.
The percentage of institiutions that say they have and ERM program is up from 52 percent in 2012, says Deloitte.
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